Southwest Airlines Co (LUV) Stock Split History

Southwest Airlines Co has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on October 23, 1981 with the ratio of 5-for-4, meaning that for 4 shares of LUV owned pre-split, shareholders then owned 5 shares. 9 more splits have been implemented since then. The most recent stock split took place on February 16, 2001 on a 3-for-2 basis.

These splits have increased LUV stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Southwest Airlines Co's total market capitalization.

For more detailed information of Southwest Airlines Co's stock splits, view the table below:

LUV stock split list

Date	Split Ratio
2001-02-16	3 - for - 2
1999-07-20	3 - for - 2
1998-08-21	3 - for - 2
1997-11-28	3 - for - 2
1993-07-16	3 - for - 2
1992-07-16	2 - for - 1
1990-08-30	3 - for - 2
1984-01-30	5 - for - 4
1983-01-24	2 - for - 1
1981-10-23	5 - for - 4

Will Southwest Airlines Co Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Southwest Airlines Co has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when LUV stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Southwest Airlines Co's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol	Latest Split Date	Split Ratio
RYAAY	2015-10-28	39 - for - 40
UAL	1996-05-21	4 - for - 1
LUV	2001-02-16	3 - for - 2
AAL	2013-12-09	22 - for - 59
ALK	2014-07-10	2 - for - 1
SKYW	2000-12-18	2 - for - 1
JBLU	2005-12-27	3 - for - 2